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Contractor's Affidavit of Payment to Subs

Contractor Affidavit Of Payment

Name: Contractor's Affidavit of Payment to Subs
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.87 (442 reviews)

Category:

Construction - Affidavits

State:

Multi-State

Control #:

US-00468

Format:

Instant download

Description Contractors Affidavit

This Contractor's Affidavit of Payment to Subs is the Contractor's Affidavit of payment to the subcontractors on a specified date prior to completion of the project. This Affidavit must be signed in front of a notary public. This Affidavit is for use in any state.

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How to fill out Form Subcontractors Template?

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Subs Form Other Form Names

Affidavit Of Payment Agreement Contractor Affidavit Sample Contractors Affidavit Pdf Contractor's Affidavit Of Payment Subs Subcontractors Affidavit Payment Affidavit Subcontractors

Contract For Payment FAQ

Yes you can sue the subcontractor directly. You don't need a contract with someone to sue them for negligence. You can probably also sue them as a third party beneficiary of their contract with the general contractor.

1Why Subcontractors Don't Get Paid. What makes a general contractor neglect to pay the subs?2Create a Rock-Solid Contract. Before you sign a contract with the GC, try to think of everything that needs to be in it.3Check for Payment Bonds.4Place a Mechanic's Lien.5Suspend Work.6Report or Sue the General Contractor.

If the contractor defaults or otherwise doesn't take care of your wages, you can file a claim with the surety company to get at least part of your money. The surety company then takes the contractor to court to recover the amount.

A contractor who has been paid for a project and refuses to pay a subcontractor shall as a penalty, pay 2 percent of the amount due per month every month that the payment is not made. In addition, the prevailing party shall be entitled to his attorney's fees and costs.

The law allows the government, contractors, and subcontractors to include a retainage provision in the contract that retains a specific amount from progress payments. However, the party must pay retainage within 30 days of final acceptance.

Signing an unconditional lien waiver is enforceable even before you get paid. This means that if you sign an unconditional lien waiver before receiving the money and the property owner ends up not paying up, you have already waived your lien rights because you signed the unconditional lien waiver.

What is a contractor's sworn statement? A sworn statement is a construction document that lists the contractors and suppliers that provide material or labor to a construction project. It includes information about who is owed money, how much they are owed, and the remaining balance on their contract.

In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.

State and county; address of the project. General contractor name and address. Subcontractor/supplier name and address (if this person is filling out the sworn statement). Brief description of the contract. A table that lists:

Contractor Affidavit Of Payment

Description Contractors Affidavit

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Subs Form Other Form Names

Contract For Payment FAQ

Can a contractor sue a subcontractor?

Your contractor stiffed youwhat can you do to get paid?

How do I sue a contractor for non payment?

What happens if a contractor does not pay a subcontractor?

Does Prompt Payment Act apply to subcontractors?

Should I sign a lien waiver before payment?

What is a contractor statement?

What is a lien waiver affidavit?

How do you fill out a contractor's sworn statement?

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